Extended Detection And Response Market Is Expected To Expand At A CAGR Of 8.20% To 2028
Extended Detection And Response Industry Overview The global extended detection and response market size was valued at USD 505.0 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 19.9% from 2021 to 2028. Extended detection and response (XDR) is a new term in security technology developed to respond to the need for sophisticated and comprehensive detection and response. Ongoing developments in technologies such as the Internet of Things (IoT) and the cloud have increased the risk of cyber threats, creating challenges in securing critical data. As a result, organizations are spending on several security solutions to strengthen their security and reduce redundant attacks. Gather more insights about the market drivers, restrains and growth of the Global Extended Detection And Response Market The increased integration of several software solutions with existing systems and heightened complexities in managing multiple alerts with limited context about ...